2006-10-09 07:53:21 · 5 answers · asked by kittycat 1 in Business & Finance ➔ Personal Finance
If Mr and Mrs has a joint account, then either sig will do.
2006-10-09 08:04:46 · answer #1 · answered by roger_v_kint 3 · 0⤊ 0⤋
If the checks is made out using "and" it must be endorsed by both parties. What is more, some banks will require you both to be present when it is deposited or cashed.
If it is made out using "or" it can be endorsed by one of the people listed.
e.g. "Mr AND Mrs Smith" must be endorsed by both people, "Mr or Mrs Smith" can be cashed by either person alone
2006-10-09 14:57:57 · answer #2 · answered by Wundt 7 · 0⤊ 0⤋
If it is Mr. AND Mrs. both have to sign, if it is Mr. OR Mrs. only one has to sign before depositing or cashing.
2006-10-09 14:55:37 · answer #3 · answered by jarsoflight1 3 · 1⤊ 0⤋
Check with your bank, but in mycase I was told that both of us need to endorse it. (My husband and I)
2006-10-09 14:56:35 · answer #4 · answered by ~Dee~ 2 · 0⤊ 0⤋
either one of you can,Long as you have proper I.D.Hollywood
2006-10-09 15:02:02 · answer #5 · answered by hollywood 5 · 0⤊ 0⤋